Word: agee
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Dates: during 1950-1959
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Best-known Kremlin bureaucrat accompanying Khrushchev will be dour Foreign Minister Andrei Gromyko, 50, who, as the youngest counselor in the Soviet embassy in Washington at the age of 30, got dubbed "the oldest young man in the capital," became Stalin's Ambassador to the U.S. (1943-46) and then to the United Nations, where he set a U.N. walkout record of 13 days 21 hr. 46 min. Khrushchev says of Gromyko: "If I tell my Foreign Minister to sit on a block of ice and stay there for months, he'll do it without back talk." Gromyko...
...discern the bogeyman of British and Italian imperialism. This, plus Italian Somali-land's decision to demand a U.N.-supervised referendum in Somali grazing lands inside the borders of Ethiopia, constitute one of the chief sources of Haile Selassie's growing suspicion of the West. With an age-old fear of Moslem encirclement, the Ethiopians would like to annex the Somalilands themselves, as they did Eritrea in 1952. In the meantime, they clearly hope to win the aid of their new Eastern friends in blocking the emergence of a united, independent Somalia...
...Wall Street. To exist in the new age of missiles, some planemakers have already drastically changed their companies. Some are still hustling to do so, and some face the grim prospect that they must either merge with a bigger company or shut up shop. The change has already begun to cut heavily into profits. The plane industry, said one broker sadly, is the "only industry in a recession." In the first six months of this year, sales of the 15 largest aircraft companies slipped 5% and profits tumbled 45%. Among the giants, General Dynamics' earnings dropped from $20 million...
...hopeful that the worst is over. Even so, the future promises to be more Spartan than the past. The Government has issued ample warnings that it no longer will doctor ailing firms with contracts just to keep their facilities in shape for an emergency. In the missile age, the fight will be won by what is on the firing line and not, as in the past, by what could come off the assembly line...
...Twentieth Century (CBS, 6:30-7 p.m.). Enter with Caution: The Atomic-Age, part two of the true story of Jackson McVey, an atomic scientist who survived the all-but-irreparable mistake of tracking radioactive dust out of his laboratory. (A rebroadcast...